7810 Good Hope RdMilwaukee, WI 53223

Property Details for 7810 Good Hope Rd

Year built

1985

Lot size

1.40 AC

Property size (Sq ft)

5,928 SF

Zone code

CS

Property type

Medical offices

Property subtype

Medical centers

APN

107-0302-000

APU

1070302000

Description

This exceptional 5,280-square-foot medical office building is available for lease at 7810 W Good Hope Rd in Milwaukee. The property features a recently renovated interior with fresh paint and new flooring throughout. Natural light floods the space thanks to strategically placed skylights, complemented by track and chandelier lighting. The efficient racetrack layout includes five individual offices, eight exam rooms, a dedicated lab room, a convenient breakroom, and ample storage space. This single-tenant building is ideally situated along West Good Hope Road, a high-traffic area boasting an impressive 23,300 average annual daily traffic (AADT). The property offers the significant advantage of ample on-site parking for staff and patients, ensuring convenient access. Further enhancing its visibility and appeal, monument signage opportunities are available. This well-maintained and updated medical office building presents a fantastic opportunity for a medical practice seeking a move-in ready space with excellent visibility and accessibility in a thriving Milwaukee location. The building's functional design and desirable amenities make it an ideal setting for a variety of medical practices. The combination of high traffic counts, ample parking, and prominent signage potential ensures strong visibility and accessibility for patients.

• CAP approach

  CAP return

  Valuation

  6%

  $1,070,371

  6.5%

  $988,035

  7%

  $917,461

• Comparable approach

  Method

  Valuation

  Relative Method

  $601,829

  Geo Method

  $772,122

• Alternative Use

  Use

  Valuation

  Residential

  $1,225,163

  Hospitality

  $1,122,243

  Educational

  $933,693

  Medical

  $965,804

  Retail

  $1,452,411

Location Insight

City

Milwaukee

County

Milwaukee

State

Wisconsin

Latitude

43.1493

Longitude

-88.0083

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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